BIRMINGHAM, Ala. - (11/30/05) -- The Credit Union Coalition ofAlabama and the state Attorney General's office kicked off a publicawareness campaign Tuesday to warn consumers of the dangers andproliferation of identity theft. The campaign is distributing a30-second public service announcement to television stations aroundthe state explaining the growing problem and letting them know theycan contact the attorney general's Family Protection Unit forinformation on what to do if they are victims of identity theft.The public awareness campaign was unveiled during a news conferenceat Americas First FCU Tuesday.
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The Charlotte, North Carolina-based bank reported net income of $1.45 billion for the third quarter and earnings per share of $1.04, which beat analysts' forecast of $0.99 per share.
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Earlier in the day, Fed Gov. Stephen Miran chastised the Fed for wading into politics under the Biden administration, as he currently takes unpaid leave from President Donald Trump's top advisory council.
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CEO Chris Gorman applauded what he sees as a transformation of bank regulation since President Trump took office. He described a shift from layers of exams and documentation to a streamlined focus on liquidity, capital and earnings.
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Zions Bancorp. is among the latest banks to report material losses due to alleged borrower fraud. Stocks of regional lenders plunged on Thursday.
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Merchants alleged the major card networks illegally conspired to shift fraud liability onto them with the adoption of EMV chip technology.
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The Buffalo-based bank said Thursday that the paring of its CRE loan book, which has nearly halved in volume over the last three years, may be near its inflection point.
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